MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Denice who wrote (3695)	8/13/1998 10:59:00 AM
From: Zeev Hed	of 4697

Denice, I think 9 is a very good price, but yea, I do expect to see it under 9, how far? I do not know, it does not have the momentum to make a good short term play, so I am happy with my 10.25 toe wetting "core position" and will wait for better times. There is now, IMHO a better than 50% chance that we may enter a short bear market or at least a minimelt down. When the bid disappear, this stock could present a one in a life time opportunity. I would rather buy at 10 on the way up or at this once in a life time opportunity than during a "slow deterioration" which I expect here. I am keeping my ammo dry. Zeev

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